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20120912
20120912
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KCSM (PBS) 1
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countries have the highest unemployment? >> it the united states? >> i heard it was spain. >> china? >> of the eurozone has the highest unemployment rate with 11.2%, higher than the u.s. and china. but europeans without work don't have to sleep on the streets. eurozone countries provide relatively generous assistance for the unemployed. but europeans fear they won't be able to afford this for much longer. eurozone countries have to compete not only with industrial giants like u.s. and japan, but also country still industrializing like china, india, and brazil. but which country has the biggest economy? >> the world's biggest economy? >> it germany? >> it probably china. >> the biggest economy in the world is still the usa. they make up 90% of the world economy. china is no. 2 with 14.3% of the world's total. the eurozone is close on china's heels. then comes india, japan, and brazil. if we look at per-capita income, the old order is still on top. the usa, japan and eurozone are far ahead of brazil, china, and india. america and europe's wealth is largely driven by creativity. this i
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